
Dana Point, California 92629
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $925,000—positioned well below the $1,031,269 Fair Market Value by 10%. This valuation gap offers $106,269 in Instant Equity for the buyer. Featuring a Good Condition Rating with designer updates, the home offers a sophisticated villa-style layout with an expansive wraparound balcony. Located in the prestigious Ritz Pointe community near top-rated schools like El Morro Elementary, this property is an ideal sanctuary for Owner-Occupants or discerning professionals seeking a luxury coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20 Corniche Drive H Subject | $925,000* List Price | 2 | 2 | 1,130 | $913 | - |
A 70 Corniche H Sold | $835,000 | 2 | 2 | 1,130 | $739 | 0.0 mi |
B 16 Corniche Drive A Sold | $823,000 | 2 | 2 | 1,130 | $728 | 0.0 mi |
C 26 Sunbridge Sold | $895,000 | 1 | 1 | 850 | $1,053 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the structure was built in 1989 (37 years old), the property is rated 'Good' due to documented designer updates and high-quality maintenance. The interior features modern lighting, elevated finishes, and a move-in ready condition that suggests a renovation within the 5-15 year range, overriding the base age criteria.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated behind the exclusive double gates of Ritz Pointe, this property offers unparalleled walking access to Salt Creek Beach, Monarch Beach Golf Links, and luxury resorts like the Waldorf Astoria and Ritz-Carlton.
The unique villa-style layout features a private entrance, a front courtyard, and an expansive wraparound balcony that seamlessly integrates with the interior, making the 1,130 sqft space feel significantly larger and more private.
Despite its prestigious coastal setting, the property's view is restricted to the immediate neighborhood rather than the ocean or golf course, which may affect its competitive edge against premium-view units.
The monthly association fee of $577.23 is a significant recurring expense that buyers must consider as part of their total monthly budget, potentially impacting affordability for some investors or residents.
Rare opportunity to own one of the most unique and desirable floor-plans in the exclusive gated community of Ritz Pointe in Monarch Beach. This highly sought-after residence offers a private entrance with a layout that feels more like a private coastal villa than a typical condominium. Natural light fills the home throughout the day, with beautiful morning sun at the front entry and warm evening light across the expansive wraparound balcony. Designed for true indoor-outdoor coastal living, the home features three sliding glass doors opening to a spacious wraparound balcony spanning nearly the full length of the residence, plus an additional private front courtyard-style patio. The seamless flow of indoor and outdoor space makes the home live much larger than its square footage. Thoughtfully updated with elevated designer touches throughout, the residence offers a warm, sophisticated atmosphere rarely found at this price point. Located behind the prestigious double gates of Ritz Pointe in Monarch Beach, this is an exceptional opportunity to own in one of Orange County’s most coveted coastal communities for under $1 million. Ideally located within walking distance to Monarch Beach Golf Links, Salt Creek Beach, Strand Beach, the Waldorf Astoria, and the Ritz-Carlton, offering effortless access to world-class golf, dining, beaches, and resort amenities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,130 | 1,256.5 | 46% |
| Lot Size | 952,561 | 3,368 | 94% |
| Price | $925.0K | $1.03M | 44% |
| Price per sq ft | $819 | $906 | 40% |
| Built year | 1989 | 1983 | 58% |
| HOA | $577.23 | $564 | 52% |
| Days on market | 19 | 140 | 6% |
May 18, 2026
$925,000
Initial Listing
Jul 11, 2024
$805,000
Public Record
May 27, 1994
$123,000
Public Record